JEFFERSON COMMUNITY TECHNICAL COLLEGE FOUNDATION INC

EIN: 237035648 501(c)(3) Education

LOUISVILLE, KY

Total Revenue
$2,354,664
Total Expenses
$720,145
Total Assets
$10,626,131
Net Assets
$10,597,921
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
KY
Principal Officer
DON SCHIEMAN
Phone
5022132495
Tax Period
2024-07-01 to 2025-06-30

JEFFERSON COMMUNITY TECHNICAL COLLEGE FOUNDATION INC, founded in 1968, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.6M, a strong 69% operating margin.

Mission

SUPPORTING PROGRAMS OF HIGHER EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,155,122
Program Service Revenue $0
Investment Income $102,621
Other Revenue $96,921
TOTAL REVENUE $2,354,664

Expense Breakdown

Grants Paid $480,842
Salaries & Benefits $0
Fundraising Expenses $33,021
Program Expenses $601,298
Other Expenses $239,303
TOTAL EXPENSES $720,145

Year-over-Year Comparison

2024 2023 Change
Revenue $2,354,664 $3,451,560 -0.3%
Expenses $720,145 $873,825 -0.2%
Net Income $1,634,519 $2,577,735 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
25
Independent Members
25
Employees
N/A
Volunteers
76

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$457,046
Total Directors
24
$308,328
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DON SCHIEMAN EX OFFICIO - EXECUTIVE DIRECTOR 20.00
Officer
$0 $30,133 $148,718
DR TY HANDY EX OFFICIO - PRESIDENT 2.00
Officer Director
$0 $55,758 $308,328
AMANDA MAIN CHAIR 2.00
Officer Director
$0 $0 $0
LYNN FISHER VICE CHAIR 2.00
Officer Director
$0 $0 $0
SARAH ANTLE TREASURER 2.00
Officer Director
$0 $0 $0
LONITA BAKER SECRETARY 2.00
Officer Director
$0 $0 $0
JASON BROWN IMMEDIATE PAST CHAIR 2.00
Officer Director
$0 $0 $0
CARL J BENSINGER CHAIR EMERITUS 2.00
Officer Director
$0 $0 $0
AMY CURRY MEMBER 1.00
Director
$0 $0 $0
CARLA DEARING MEMBER 1.00
Director
$0 $0 $0
DON DENTINGER MEMBER 1.00
Director
$0 $0 $0
CATHE DYKSTRA MEMBER 1.00
Director
$0 $0 $0
TIM ERNST MEMBER 1.00
Director
$0 $0 $0
DWIGHT HAYGOOD MEMBER 1.00
Director
$0 $0 $0
JEFFREY JASNOFF MEMBER 1.00
Director
$0 $0 $0
ANNE LIKINS MEMBER 1.00
Director
$0 $0 $0
LESLIE MARTIN MEMBER 1.00
Director
$0 $0 $0
LOU ANNE MOORE MEMBER 1.00
Director
$0 $0 $0
YAJAIRA MORPHONIOS MEMBER 1.00
Director
$0 $0 $0
MARY MOSELEY MEMBER 1.00
Director
$0 $0 $0
PAUL NEUMANN MEMBER 1.00
Director
$0 $0 $0
TODD SCHMIEDELER PHD MEMBER 1.00
Director
$0 $0 $0
CHERYL VANALLEN MEMBER 1.00
Director
$0 $0 $0
MARY GWEN WHEELER MEMBER 1.00
Director
$0 $0 $0
NATALIE WHITE PHD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,354,664 $720,145 $10,626,131 $1,634,519
2024 $3,451,560 $873,825 $8,819,647 $2,577,735
2023 $1,404,166 $918,828 $6,686,287 $485,338
2022 $637,456 $902,094 $6,063,573 $-264,638
2021 $1,176,353 $682,423 $6,580,706 $493,930
2020 $1,977,555 $1,007,368 $6,301,309 $970,187
2019 $2,130,434 $4,065,101 $4,944,012 $-1,934,667
2018 $3,834,049 $421,044 $6,918,010 $3,413,005
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